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Convertible

Ferrari Ferrari 488 Spider

3900cc · Gasoline · AT · Convertible

CRSP Value

KES 59,287,382

July 2025

Based on the official KRA CRSP list (July 2025) · figures reviewed July 2025

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KRA Duty by Year of Manufacture

Tap any year for the full breakdown. Valid years under Kenya's 8-year rule — cars before 2018 cannot be imported.

Year Age Depreciation Customs Value Total Duty
2026 New 0% KES 24,229,589 KES 18,838,506
2025 1 yr 0% KES 24,229,589 KES 18,838,506
2024 2 yrs 20% KES 19,383,671 KES 15,070,805
2023 3 yrs 30% KES 16,960,712 KES 13,186,954
2022 4 yrs 40% KES 14,537,754 KES 11,303,103
2021 5 yrs 50% KES 12,114,795 KES 9,419,253
2020 6 yrs 55% KES 10,903,315 KES 8,477,328
2019 7 yrs 60% KES 9,691,836 KES 7,535,402
2018 8 yrs 65% KES 8,480,356 KES 6,593,477

How KRA calculated this

CRSP (KES 59,287,382) ÷ 2.4469 = pre-depreciation value
× (1 − depreciation) = Customs Value
CV × 25% = Import Duty  ·  (CV+ID) × 20% = Excise Duty
(CV+ID+ED) × 16% = VAT  ·  CV × 2.25% = IDF  ·  CV × 1.5% = RDL

Frequently asked questions

How much is import duty on a Ferrari Ferrari 488 Spider in Kenya?

KRA import duty on a Ferrari Ferrari 488 Spider depends on its year of manufacture. Based on the CRSP value of KES 59,287,382, total duty ranges from about KES 6,593,477 for a 2018 model to KES 18,838,506 for a 2026 model — typically 60–90% of the customs value once Import Duty, Excise, VAT, IDF and RDL are added. See the year-by-year table above for the exact figure.

What is the CRSP value of the Ferrari Ferrari 488 Spider?

The official KRA CRSP (Current Retail Selling Price) for the Ferrari Ferrari 488 Spider is KES 59,287,382, as listed in the KRA CRSP schedule dated July 2025. This CRSP is the basis KRA uses to calculate the customs value and import duty.

Can I import a Ferrari Ferrari 488 Spider older than 8 years?

No. Under Kenya's 8-year rule, KRA does not allow the import of vehicles more than 8 years old. In 2026, the oldest Ferrari Ferrari 488 Spider you can import is a 2018 model.

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